The Latest on Innovation &
Entrepreneurship in Maryland
August 2019

gel-e , announces Breakthrough Status Designation from the  U.S. Food and Drug Administration (FDA)  for its first internal-use flowable device

gel-e is developing a line of advanced hemostatic and wound treatment products that address unmet needs from the operating room to the backyard. Following previous clearances for topical and external use of its platform technology (see ), the Company is now expanding its label to include use for internal and surgical applications. The first product, now on an accelerated path as a Breakthrough Device, is an expanding injectable hemostat, Life Foam™.  Life Foam can rapidly provide temporary control of bleeding from non-compressible abdominal wounds that are not amenable to tourniquet application in trauma and battlefield conditions. As the tradename suggests, this product is designed to save the lives of those injured in battle, or that are the victims of traumatic accidents or even terrorist attacks.  

TEDCO’s 9th Annual Entrepreneur Expo   will be held  Tuesday, October 29th   at The Hotel at the University of Maryland. The Expo is a premier event in Maryland showcasing various resources from across the State to help entrepreneurs learn, connect and be inspired. Join us for a day of celebration where you can expect to see 900+ of the region’s top entrepreneurs, business owners, angel and venture capital investors, legislators and influencers.

Early bird prices end on August 10th! Get your discounted tickets before time runs out.

Spots are filling fast - Reserve your table today!
Intellectual Property Workshop
Thursday, September 19, 2019
5:00 PM - 7:00 PM
Chestertown hotdesks

To Register - Email: [email protected]
MD Cyber Solutions Showcase
Thursday, September 19, 2019
12:30 PM - 4:45 PM
M&T Bank Stadium

Maryland Governor's Business Summit
Friday, September 20, 2019
8:30 AM -3:30 PM
Baltimore Marriott Waterfront

Surge Technology for Industry
Wednesday, October 2, 2019
The Hotel at The University of Maryland

BIO Innovation Conference
Maryland Life Sciences
Monday, October 7, 2019
8:30 AM -3:30 PM
Bethesda North Marriott Hotel

EdTech Innovation Showcase
Thursday, October 10, 2019
5:30 PM - 8:00 PM
Towson University West Village Commons

Longeviti Neuro Solutions, a TEDCO portfolio company, raised $9.6 million in a new round of funding

Longeviti Neuro Solutions LLC, a nearly three-year-old company with ties to Johns Hopkins, has raised a Series B round. According to the SEC filing, the company could raise up to $12.6 million for the round.

How to Build a Leadership Team that Attracts Venture Capital

According to Arti Santhanam, Executive Director at TEDCO’s Maryland Innovation Initiative, VCs want to know you have executive leadership hires lined up before they agree to fund a seed round or Series A. Often times biotech companies focus only on product development and not on business development. It is important that you use some of your time and pre-seed/seed investment dollars to attract a quality executive team ready to jump in once the Series A is raised.  

Lioness Magazine: TEDCO launches task force for women entrepreneurs

The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, announced the lineup of thought leaders participating in its new Task Force for Women Entrepreneurs. The task force is dedicated to the recruitment, funding, and operational support of women-owned and-led startups in Maryland. 

TEDCO announces task force on women’s entrepreneurship

The Task Force for Women Entrepreneurs is charged with recruiting, funding, and providing operational support for women-owned and women-led startups.

Myra Norton, chair of the TEDCO Board of Directors as well as president and COO of labor analytics firm Arena, will lead the task force.

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